Australian Capital Territory Current Acts

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URBAN FOREST ACT 2023 - SECT 40

Canopy contribution agreements—use of financial settlement amounts

An amount paid under a financial settlement must be used for 1 or more of the following purposes:

        (a)     tree planting;

        (b)     tree care and maintenance;

        (c)     removal of trees for new plantings;

        (d)     engaging or educating the community about protecting trees;

        (e)     supporting the urban forest ecosystem;

Examples—par (e)

1     undertaking plantings and developing programs to support biodiversity

2     controlling erosion through nature corridor planting

3     removing pest plants

        (f)     administering or managing canopy contribution agreements or tree bond agreements.



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